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bp’s purpose is to reimagine energy for people and our planet. It has set an aim of being a climate neutral company by 2050 or earlier and – in line with a new strategy first announced in 2020 – is on the pathway to transform from an international oil company to an integrated energy company, focused on providing solutions to customers globally in support of their energy needs and decarbonisation goals.

Low carbon hydrogen will play a central role in achieving these goals. In addition to H2-Fifty, bp has publicly announced low carbon hydrogen projects in Europe, the UK, the US and Australia and is pursuing opportunities across the value chain globally.

In the Netherlands, bp’s existing business is centered on the refining and marketing of fuels and lubricants, serving customers from mobility (including road, aviation and shipping) to agriculture and large industrial companies. The bp Rotterdam Refinery – which serves as the anchor customer for H2-Fifty – is one of the largest refineries in Western Europe. bp Netherlands employs around 2,000 people.


HyCC is a leading industrial partner for safe and reliable green hydrogen supplies and circular chemistry solutions to enable the transition to zero-carbon industry.

Building on over 100 years of experience in electrolysis and our leadership in safety, HyCC realizes pioneering water electrolysis projects to supply industries with zero-carbon hydrogen from renewable power and water. In addition to H2-Fifty, other electrolyzer projects by HyCC include the Djewels and H2eron projects in Delfzijl, the H2ermes project near Ijmuiden, H2era in Amsterdam and GreenRoot in Germany. These projects will support the decarbonisation of hard-abate industries such as steel production, the chemical industry and aviation.

HyCC B.V. is a joint venture of the European electrochemical company Nobian and Macquarie's Green Investment Group.